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MILAN (Reuters) - Italian high-tech company SECO expects its revenue to grow in "double digits" next year as it is also benefitting from Western compa...
SECO and Camozzi Digital have signed a partnership agreement aiming to accelerate growth in the global Industrial Internet of Things (IIoT) market. The
With this acquisition, Seco is further expanding its expertise in the field of IoT and embedded systems. Hereby, the group intends to further strengthen its position in Europe and globally. As recently in 2019 and 2020, Garz & Fricke had acquired the companies e-GITS and Keith & Koep.
Italian high-tech group SECO said on Monday it had entered a binding agreement to buy German Internet of Things (IoT) solutions producer Garz & Fricke for 180 million euros ($208 million).
Italian SECO aims to make new acquisitions in 2022, the high tech group's Chief Executive Massimo Mauri said on Monday.